One product has a holding cost of $250 per year. This product can be shipped in either 3 or 8 day shipping, with the faster shipping costing $2 more per product.  Using the slower method would be how much more expensive per product than the faster method

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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  • One product has a holding cost of $250 per year. This product can be shipped in either 3 or 8 day shipping, with the faster shipping costing $2 more per product.  Using the slower method would be how much more expensive per product than the faster method?
  • Auto sales over a 4-month period were forecasted as follows: 89, 98, 105, and 97. The actual results over the 4-month period were as follows: 92, 96, 101, and 100. What was the MAD of the 4-month forecast?
  • The errors in a particular forecast are as follows: 3, -3, 4, 0, -2. What is the tracking signal for each period of the forecast?
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